CGX Energy Inc.

CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the third quarter of 2021, together with its Management, Discussion and Analysis - Quarterly Highlights. These documents will be posted on the Company's website at www.cgxenergy.com and SEDAR at www.sedar.com. All values in this news release and the Company's financial disclosures are in United States dollars unless [...]

CGX Energy Inc. is pleased to announce that it has completed its previously announced rights offering . Pursuant to the Offering, the Corporation offered to holders of its outstanding common shares of record as at the close of business on October 1, 2021 the ability to subscribe for, until 5:00 p.m. on October 28, 2021 , an aggregate of 45,151,338 Common Shares. Each such holder of Common Shares was offered rights on the [...]

CGX Energy Inc. , announces the appointment of Todd Durkee as Vice-President of Development. Mr. Durkee will oversee the development aspects of the Company's projects on its petroleum prospecting licences and deep-water port development. Mr. Durkee will be a core member of the Company's management team, bringing deep industry experience in key strategic and decision making positions. Mr. Durkee was most recently the Vice [...]

Frontera Energy Corp. , the majority shareholder of CGX Energy Inc. and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana will deliver an informational virtual presentation on the Guyana-Suriname basin, the offshore Corentyne block and the Kawa-1 well objectives. Senior technical members will host the virtual presentation on October 22, 2021 from 10:00 [...]

CGX Energy Inc. today announced that CGX and Frontera Energy Corp. , the majority shareholder of CGX and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana will deliver an informational virtual presentation on the Guyana-Suriname basin, the offshore Corentyne block and the Kawa-1 well objectives. Senior technical members will host the virtual presentation on [...]

Frontera Energy to Provide Anchor Support, Backstop and US$20 Million Advance Through a Bridge Loan CGX Energy Inc. announced today that it has entered into a term sheet with Frontera Energy Corp. , the majority shareholder of CGX and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana , for a US$20 million rights offering bridge loan that will enable CGX to [...]

Kawa-1 is Expected to Reach Total Depth in the First Half of December 2021 Option Exercised With Maersk to Drill a Second Well Frontera Energy Corp. today announced the spudding of the Kawa-1 exploration well, offshore Guyana. CGX Energy Inc. , Frontera majority-owned subsidiary, and its joint venture partner in the Demerara and Corentyne blocks, also separately announced an update on spud of the Kawa-1 well [...]

CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the second quarter of 2021, together with its Management, Discussion and Analysis - Quarterly Highlights . These documents will be posted on the Company's website at www.cgxenergy.com and SEDAR at www.sedar.com. All values in this news release and the Company's financial disclosures are in United States dollars unless [...]

CGX Energy Inc. , today announced an update on the activities related to its offshore exploration blocks, deep water port project and on the results of the CGX Annual General Meeting. CGX and Frontera Energy Corp. , the majority shareholder of CGX, and its joint venture partner in the Demerara and Corentyne blocks, also separately announced an update on activities related to the Corentyne block. Exploration: The Kawa-1 [...]

CGX Energy Inc. today announced that they have completed the loan agreement with Frontera Energy Corp. related to the US$19 million loan previously announced on April 16, 2021, that will enable CGX Energy to continue to finance its share of costs related to the Corentyne, Demerara and Berbice blocks, the Berbice Deepwater Port, and other budgeted costs. The transactions described herein between CGX Energy and Frontera are [...]